Germany – Kurdistan Iraq Business & Trade News – German Consul General, Erbil, Kurdistan, cultural ties, educational ties and more – brought to you by Iraq Business News
By John Lee. The Chairman of the Kurdistan Investment Board (KIB) has met with the German companies Martin Rose GmbH and HG Gruppe to discuss investment projects in road and railway construction. According to the KIB, both companies have experience in constructing high bridges, roads, and railways in Europe, Africa, and the Middle East, and […]
Siemens Energy has been awarded long term service contracts for several powerplants, from the Ministry of Electricity of the republic of Iraq, to improve energy stability and availability, as well as provide training, skills, and employment opportunities for Iraqis. These contracts represent the first portion of prioritized projects under the Iraq Energy Agenda - Wave […]
Prime Minister Mr. Mohammed S. Al-Sudani has received the delegation of Transparency International, in the presence of the Ambassadors of the European Union (EU) and Germany. During the meeting, they discussed the government's efforts in combating financial and administrative corruption, and the practical steps taken in this regard. The Prime Minister reaffirmed the government's determination […]
By John Lee. On February 13, 2023, the ambassadors of the Iraq Economic Contact Group (IECG), under German co-chairmanship, met with representatives of the Iraqi parliament's finance committee to exchange views on key economic reforms and ongoing budget negotiations. Ambassador Jäger reiterated the offer of support from the G7 countries to assist Iraq in furthering […]
The Iraq Leadership Fellows program helps Iraq's next generation of leaders develop the skills they need to build sustainable and transformative social and political movements. The Fellowship brings together young activists from around Iraq for three residential training sessions over the course of a year, with each training consisting of three days of intensive learning […]
Iraq Reform, Recovery and Reconstruction Fund I3RF : Trust Fund Annual Progress Report to Development Partners 2022 The Iraq Reform, Recovery and Reconstruction Fund (I3RF) was founded in partnership with the Government of Iraq in 2018 and is funded by Canada, Germany, Sweden and the United Kingdom.The Trust Fund provides a platform for financing and […]
By John Lee. Germany's AHG Industry GmbH & Co. KG has applied for an annulment of the recent award made in favour of the Iraqi Government, in relation to a dispute over the alleged takeover of a cement factory in Kirkuk. The World Bank's International Center for Settlement of Investment Disputes (ICSID) had previously dismissed […]
New Iraqi brand Makers of Baghdad has been launched at Makers' premises in Baghdad. Makers (formerly IoT Maker) is an innovation hub that provides technical qualifications, and job acceleration programs for the youth to create job opportunities in the field of Information technology, and encourage them to develop their startups. The methods used vary from […]
Germany renews commitment to stabilization with new EUR 10 million contribution The Federal Republic of Germany has renewed its commitment to stabilizing Iraq with an additional EUR 10 million (approximately US$10.5 million) contribution. The critical support will be channeled through UNDP's flagship programme, the Funding Facility for Stabilization. The generous contribution was formalized at a […]
By John Lee. The Board of Directors of the Iraqi General Company for Exhibitions and Commercial Services, part of the Ministry of Trade, announced on Wednesday (25th January) a decision to terminate their contract with the German company TUV. In a statement, the Ministry said this move is aimed at reducing the burden on Iraqi […]
Germany supports UNDP in strengthening criminal justice services in Iraq Germany and the United Nations Development Programme (UNDP) have signed a EUR 826,250 donor agreement on strengthening Iraq's criminal justice services and improving their capacities to conduct effective interviews in line with international human rights commitments. The project promotes the application of the new regulations […]
By John Lee. Federal Government welcomes Germany's contribution to the sustainable development of Iraq's energy infrastructure The CEO of Siemens Energy AG, Dr. Christian Bruch, has signed a cooperation agreement with the Iraqi Minister of Electricity, Zayad Ali Alrzij [Ziyad Ali Fadel, Ziad Ali Fadhil Sudani], on the further electrification of Iraq. The agreement was […]
